Annual audits in accordance with German commercial law, IFRS and US GAAP, special-purpose audits and group audits – Audits – careful and systematic

The requirements for annual and consolidated financial statements have been increasing continuously for years in terms of both the regulations in the German Commercial Code (HGB) and according to the International Financial Reporting Standards (IFRS). A high degree of transparency, the communication of important data and facts and, last but not least, the appropriate presentation of opportunities and risks are required. Entrepreneurs and, depending on the size and publicity, a growing target audience and increasingly the interested general public expect this.

The requirements for annual and consolidated financial statements have been increasing continuously for years in terms of both the regulations in the German Commercial Code (HGB) and according to the International Financial Reporting Standards (IFRS). A high degree of transparency, the communication of important data and facts and, last but not least, the appropriate presentation of opportunities and risks are required. Entrepreneurs and, depending on the size and publicity, a growing target audience and increasingly the interested general public expect this.

The auditing of single and consolidated financial statements in accordance with HGB and IFRS as well as support with group reporting to domestic and foreign parent companies according to international accounting regulations are part of our range of services. Thanks to our qualified staff and partners, we are also able to audit financial statements in accordance with US-GAAP and professionally support our clients with the conversion from HGB or US-GAAP to IFRS.

The annual audits conducted by us, in particular the annual and consolidated financial statement audits, are carefully planned, carried out systematically and adapted to our clients’ individual requirements. We follow the path defined by the business, using a process-based and risk-focused audit approach.

As we see it, the annual audit should highlight any weaknesses and risks but also the company’s potential, which can serve as the basis for future business decisions. In addition to meeting the statutory duties, this also results in continuous economic support in entrepreneurial issues.

In addition, certification or confirmation by an auditor is required for a whole range of different situations. These include, for example, checking that the management’s conduct is proper, checking compliance with the German Real Estate Agent and Commercial Construction Industry Ordinance (MaBV), start-up and contribution-in-kind checks and checking the early risk detection system.